Tag Markets Amplified Accounts have specific conditions that you should consider in order to keep your account active and manage your withdrawals properly.
1. Initial Balance of the Amplified Account
When you acquire an Amplified Account, you receive a balance based on the multiplier corresponding to the selected option.
2. Profit Withdrawals
Profits generated may be withdrawn in accordance with the current conditions of the Amplified Account.
3. Withdrawal of the Initial Capital
The initial capital may be withdrawn once 30 days have passed since the first trade. Once the initial capital is withdrawn, the Amplified Account is canceled.
Example:
If your first trade was placed on November 1, you may request the withdrawal of the initial capital once the 30-day period has been completed.
4. Account Upgrade
If you perform an Upgrade on the same Amplified Account, the 30-day count resets from the point established for the Upgrade.
Example:
If you perform an Upgrade on November 20, the previous count no longer applies and the 30-day period starts again on that same account.
5. Drawdown Rule
The Amplified Account has a maximum drawdown limit of 10% (only for X12 accounts). This limit is static and is calculated based on the account’s initial balance.